Merchants Bank Equipment Finance (MBEF) has expanded its team with the promotion of Jane Ziebarth to Document Transaction Manager/Officer and the addition of Bryon Sharp as Vice President/Senior Regional Vendor Finance Manager, according to Rick Barry, President.
“The promotion of Jane and the key hire in Bryon strategically compliment the manner in which we are continually expanding our presence in the equipment finance arena and helps position our team well to meet the future needs of our clients,” said Barry.
Ziebarth has been with MBEF since 2005 when she joined as an Underwriting Analyst. She was promoted to Senior Underwriting Analyst in 2012 and then Senior Document Transaction Coordinator in 2019. Her new role recognizes her expertise and the contributions she has made to the growth of this division.
“I have been fortunate to work with a dynamic group of individuals since joining Merchants and am very excited to move on to this new opportunity to take the lead within the documentation segment of Merchants Bank Equipment Finance,” said Ziebarth.
Sharp brings 31 years of equipment finance experience and a well-rounded knowledge of the industry to MBEF. He was most recently a Business Development Officer for Trans Lease, Inc. following an 18-year career with Wells Fargo Equipment Finance. Sharp has also previously served in credit, collections and audit roles of other equipment finance organizations.
“I am excited to join the Merchants Bank Equipment Finance team and be a part of their continued growth and success,” said Sharp. “Their wide range of products and services combined with a personal approach is what makes them unique in the equipment finance industry.”
MBEF primarily provides equipment lease and loan financing options to businesses throughout the U.S. MBEF finances tangible assets over terms of 2 to 10 years on equipment with values generally ranging from $50,000 to over $10 million. MBEF serves many industries, including construction, transportation, healthcare, manufacturing, food and agriculture.
Merchants Financial Group, Inc. (MFGI), the parent company for MBEF and which also owns 23 Merchants Bank locations in Minnesota and Wisconsin, has more than $2.7 billion in assets and is one of the largest independent financial organizations in its region.